The Benefits of Crowd Urbanism Based on lessons learned – some of which are mentioned below – crowdfunding can bridge the gap between top-down and bottom-up ways of thinking. The United Nations Development Program (UNDP) Alternative Finance Lab has been working and experimenting with crowdfunding now more than five years, by developing campaigns, workshops, booklets and observing how this new way of financing can help communities to become more resilient and empowered. Due to fiscal constraints governments are facing globally, conventional means of financing municipal projects are at risk, opening the floor for various alternative financing mechanisms. Crowdfunding mechanisms are one of the fastest growing: they can help leverage pub...

UNDP AltFinLab partnered with Blockchain.com, UN Refugee Agency (UNHCR), and the World Economic Forum (WEF) to explore how block chain technology works, but also how it is already being used to pursue conventional ends. The culmination of that partnership is in the form of a white paper titled, The Future is Decentralised. We're excited to share how this technology has brought new levels of efficiency and effectiveness to the fields of development aid, supply chain management, renewable energy, economic growth, and several others. The potential of block chains to disrupt industrial sectors, commercial processes, governmental structures or economic systems seems to know no bounds. We suggest that the transformative power of block chain techn...

Technology can both empower and disempower. At a recent workshop on blockchain , we landed a challenge: how can we use it to facilitate refugee integration? I am an immediate misfit in the dynamic multiverse of people speaking in code. But at this USAID event led by the UNDP Alternative Finance Lab and AID:Tech , I wasn't the only one. My team, half tree-huggers and half tech gurus, started our brainstorming with this question: what do we have in common? The answer was a strong sense of identity. That fragile sense of self, inflated when our boss pats us on the back and shattered when somebody "swipes left". Displaced people often struggle with identity loss. It isn't just about that "blood and soil" sense of belongingness that disappears w...

​ Could blockchain-based payment systems make financial access easier for migrant workers sending remittance payments from abroad, make the transfer cheaper, faster and more secure ? Citizens of Tajikistan rely heavily on remittances . A lack of job opportunities means that up to 1 million (out of a population of 8 billion) migrate elsewhere for work, mostly Russia. Until 2014, the share of remittances made up around 43 percent of the national GDP, roughly US$4 billion a year , The global recession and the depreciation of the Russian and Tajik currencies against the US dollar has since caused a sharp decline in remittances. But its share is still significant at 20-25 percent, as labor migration continues to be attractive .  When we vis...

We have recently started to work on the White Paper with Blockchain - the world's leading Bitcoin software company. Together we are working on better understanding the development space and evaluating how this technological innovation can bring about radical transparency & efficiency in the flow of aid.The paper is exploring six key sectors - trade finance, remittances, digital ID, development aid financing, property rights, and energy blockchain. We're cooperating with the Joint Research Center of the European Commission (check out an impressive line up of people they've had for a discussion on distributed ledger technologies a few months back) on design of a challenge prize for social applications of blockchain that would (hopefully) ...

In Tajikistan, we are working with BitSPark on investigating possibilities to transfer remittances money from Tajikistan workers from Russia to Tajikistan using Bitcoins. Remittances are a growing and critical lifeline for many people and countries around the world, as demonstrated clearly by Tajikistan where 50% of the country GDP relies on remittance income. ​

In Moldova, we are testing to find out if Blockchain can provide a more effective way of managing the United Nations car fleet. On this project we cooperate with EmerCoin - a digital currency and blockchain service platform and with DeePlace company. The blockchain technology is to demonstrate the possibility of a more effective way of managing the UN car fleet in an emergency situation. Blockchain could provide a more effective way of transferring and tracking funds.

As remittances are an important part of the economic impact of migration, in Serbia we're working on designing a proof of concept for remittance transfers over blockchain. The program's goal is to find a cheaper cross-border transfer system which cuts out intermediaries such as Western Union, and targeted toward specific needs in Serbia. In this project, we are working together with AidTech - a blockchain startup, one among ten finalists of the European Commission 2016 Social Innovation Competition. ​

She is in her 30-ies, borderless, decentralised and the Master-Mind of "Governance 2.0", the BitNation. Her name is Susanne Tarkowski Tempelhof and she shook the minds of #UNDPCrowd yesterday, as the Sun set down over Bosporus and the room was getting hot, powered by each person emitting 100 Watts worth of heat. 100×70=7kW heat. It is so hot I can't think. What the hack is BitNation? I'll quote them as that is the zest of their existence: „ BitNation does not care where in the world you are from, where you live, or what passport you hold. Everyone has the right to enjoy high-end, competitive governance services." And that is the point behind a gal who left school when she was fifteen and is self-thought since. She did quite well with self-e...

She is in her 30-ies, borderless, decentralised and the Master-Mind of "Governance 2.0", the BitNation. Her name is Susanne Tarkowski Tempelhof and she shook the minds of #UNDPCrowd yesterday, as the Sun set down over Bosporus and the room was getting hot, powered by each person emitting 100 Watts worth of heat. 100×70=7kW heat. It is so hot I can't think. What the hack is BitNation? I'll quote them as that is the zest of their existence: „ BitNation does not care where in the world you are from, where you live, or what passport you hold. Everyone has the right to enjoy high-end, competitive governance services." And that is the point behind a gal who left school when she was fifteen and is self-thought since. She did quite well with self-e...

​ From equity-based crowfunding and person-to-person lending, to crypto currencies and mobile money; entirely new players are disrupting the field of financing for development and public policy. So, what does this alternative finance space look like? Who are the new players and what are they up to? Crowd-power According to the World Bank, the crowdfunding market is expected to grow to US $100 billion by 2025. Recent research shows that – despite living in countries where the cost of doing business is quite high – entrepreneurs are successfully raising money by crowdfunding, and bypassing loads of red tape in the process. (Image via Allied Crowds) And it's not just money. New platforms are springing up focusing on everything from expertise a...